Interest rate held at 5.25% by Bank of England

The Bank of England has held its interest rate at a 16-year high of 5.25%.
That's where it's been since August, and a hold had been expected.
Sky's economics and data editor Ed Conway has the latest.
Read more: news.sky.com/story/inflation-...
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Пікірлер: 24

  • @kanedNunable
    @kanedNunable3 ай бұрын

    so glad us mortgage holders are keeping the country afloat. i feel so blessed to help out so much ;) /s

  • @LA-fr7fx

    @LA-fr7fx

    3 ай бұрын

    Please enlighten me - how are mortgage holders keeping the economy afloat? Mortgage holders have borrowed money to purchase a property and interest is payable on those borrowed sums...

  • @TheBloopybloop

    @TheBloopybloop

    3 ай бұрын

    @@LA-fr7fx /s means sarcasm mate.

  • @nick000002
    @nick0000023 ай бұрын

    When they go up they go up. And when they go down they don’t really.

  • @LA-fr7fx

    @LA-fr7fx

    3 ай бұрын

    Money was too cheap, which causes inflation. Throw in QE and interest rates were always going up up up...

  • @monkeyboy8424
    @monkeyboy84243 ай бұрын

    I'm struggling to survive, but I am comforted knowing that billionaire Ritchie Sunak and his privileged government are all keeping toasty warm and eating well.

  • @meglobob9217
    @meglobob92173 ай бұрын

    Higher, higher...we want higher interest rates. Never cut!

  • @LA-fr7fx

    @LA-fr7fx

    3 ай бұрын

    Indeed - inflation makes us all poorer and erodes wealth and savings.

  • @McTrump
    @McTrump3 ай бұрын

    Ffs

  • @LA-fr7fx

    @LA-fr7fx

    3 ай бұрын

    ??

  • @iaindouglas4829
    @iaindouglas48293 ай бұрын

    So….carry on, nothing to see here 🙄

  • @blackvirus9
    @blackvirus93 ай бұрын

    It depends on how the Fed sings, the other central bank decission does not really matter for the markets.

  • @coderider3022
    @coderider30223 ай бұрын

    Load up on your investments before they do come down. I’d rather it stay up for longer and catch more mortgage renewals.

  • @richardlongmuir8348
    @richardlongmuir83483 ай бұрын

    FTSE liked it👍

  • @johncrayford3095
    @johncrayford30952 ай бұрын

    The rates were about 15% for 20 yrs an we was in a great place back then , then they fell to nearly o% for 17yrs. Its only been 3yrs an have peaked about 6months ago an the government wont raise it just to bring it down again i bet we got 5 to 10 yrs or more if it ever comes down with the way the country is run, no tax on earnings over 150k an no tax on bank bonuses, 500,000.000 to france waste of money, an nearly 300,000.000 to Rwandan building new housing estates that are being sold to Rwandan s by the Rwandan government ect ect ect wtf now the plane thats ready to fly isn't cos they dont know what airline will take them after the 5 star hotels our government will probably send them business class as well as the 3k spending money ffs

  • @bronzeshield6382
    @bronzeshield63823 ай бұрын

    Fume livid seethe

  • @sedzialaguna
    @sedzialaguna3 ай бұрын

    Good

  • @investinnnnn
    @investinnnnn2 ай бұрын

    Where is £700b?

  • @investinnnnn
    @investinnnnn2 ай бұрын

    They printed money and it ended up with super rich. Trains in India are more cosy than central line. AND guess what, they will upgrade it in 2029

  • @craigcutts7085
    @craigcutts70853 ай бұрын

    Big Deal